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20121201
20121231
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Search Results 0 to 14 of about 15 (some duplicates have been removed)
. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are
's. there has been a loss here in the senate. the senator from the hawaii, daniel inouye at 88 years old passed away yesterday. that will likely cause interruption for a few days for memorial services next couple weeks. whether for the president and most members of congress to go to hawaii or for the late senator to lie in state at the capitol, all things would cut up more time, meaning in all likelihood, if they find an agreement that could be considered real they would have to give themselves a little bit of overtime and pass one of the legislative vehicles that essentially stops the clock to take it into new year's. that was not the plan. that is why they put together what was called sequester so they would be forced to put a legislative gun to their heads to make a deal. looks like they may give themselves a little bit of after school study time. bill: we'll see how that pays off. carl cameron leading our coverage. thank you, sir. martha: the bottom line really does this deal begin to address the economic problems that exist in this country? stuart varney, the anchor of "varney & company" o
-hit areas. >>> more wreckage from the tsunami washing up here on the u.s. a small boat washed up in hawaii on oahu's kahana bay. they are trying to figure out where that boat came from. the mussels on the boat, they are not from hawaii. >>> we just -- we just got an updated schedule for president obama. the white house says the president will visit the home of a family in northern virginia this afternoon to talk about the impact of letting taxes go up on middle-class americans. it's another attempt by the president to put pressure on congress to extend expiring tax cuts for the middle class while letting tax rates go up for upper-income americans. the white house says the family in virginia responded to the president's my2can campaign. >>> the standoff over the fiscal cliff is putting jobs here in california and alison burns has more on this. >> reporter: and secretary panetta has warned the fiscal cliff would hurt our national defense. he's expected to hold a news conference any minute now. he's getting the order from the white house to brace for massive budget cut us. now, the automatic
two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so sure we're getting out
. clinton can get back to work. >> he represents hawaii from the time it bicame a state in 1951. and in 1945 in world war ii, he was lobbying hand grenades to the enemy and lost his roit arm. he was friends with a fellow american soldier named bob dole and they went together to champion for veteran's rights . the senator died from respiratory complications and he was 88 years old and his last word was aloha. >> steve: we told you the story over the last couple of weeks by the marine by the name of john hammer. he was going hunting to costa ricka and when he was in matamoras mexico. he declared i have this gun and they say it is not a proper size. they threw him in jail. he did not have the proper permits. but what is interesting about that isolation cell. it is a storage closest. >> gretchen: he's chained to the bed. and we interviewed his mother and he's been chained their since august. he got the gun from his great grand father he registered it before he crossed the border and he was told it is okay. is he held illegally on false charges. hed representatives in state of florida. rubio and
when they hit hawaii? i hope ed henry is okay. surfers tell their dramatic story. kelly: plus a high-tech mystery going on in iran. did it come under major cyberattack or not? we'll go in depth next there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. kelly: a desperate search for a 10-year-old girl in las vegas. last seen with a suspect wanted in a casino stabbing. the effort to find her safe and alive. >>> and new criticism over president obama's reported pick for secretary of defense. the backlash coming from the right and the left over the potential nomination of chuck hagel and whether it could make him bail out. >>> and serious health warn
, connecticut, new hampshire. i think hawaii is on that list too. one, two, three, four, five. and the district of columbia plus the state of this year just added, maryland and washington plus, remember the president of the united states himself, who used to be on the fence on this issue has now come out and said he full ly sports same-sex marriage. the obama administration has refused to defend the defense of marriage act. john boehner and eric cantor are still doing it, but the administration is not. the department of justice is not. they said they don't believe in the defense of marriage act any more and they wereare not going to defend it and they hope congress over turns it. george will said here is one of the reasons why politically it has changed. >> they can say it's now safe to look at this because there is something like an emerging consensus. quite literally, the opposition to day garianingmarriage is dying. it's old people. >> it's old people. they are dying off. >> that's an accurate way to put it. >> bill: you talk to young people t
that you're on of the they were upset that they went on christmas vacations. the president went to hawaii and members of congress went home. both sides said we're going to come back to washington because we've got to solve the situation. i think what so many people are frustrated about is this is an ongoing situation. it's like every year we come to this point where we're talk being this cliff and this is what i think has angered so many voters and why congress has such a low approval rating. >> rick: they also got to this point because of their last time they did this. it was the last debt creating fight that deleted this thing. now they gave themselves an amount of time to work on it you and thought maybe last week there was a little progress being made. turns out there is not. we're back to exactly where we started at and we're eight days out now. >> clayton: you're right about that 'cause senator baucus, even back around thanksgiving, the senator from month month said oh, this is not going to get done, around thanksgiving. he said we will wait, as congress does, this will come to the
. they are running out of time. the president is going off to hawaii shortly. it is not the time to go through complex policy issues because you will give them the short shrift. they should accept them. when the cr expires, that gives them the more hard deadlines when issues need to be addressed. these are strongly agreed to by partisan issues, raise the retirement age for medicare. take care of reducing subsidies and medicare by testing premiums, at a premium for part a. then there is further means testing that could be done in social security through a progressive indexing and things like that. those are the things that have been talked about around town. you could do a bill very quickly. does it need to be done in december? not if you extend all current policy. the important thing is that this makes a substantial down payment for long-term sustainability. to focus on 10 years, while important, it gets to those cash flow issues, it does not necessarily deliver the kinds of reforms that will be reducing our debt to gdp ratio and stabilizing it. i to not know why we are not hearing serious con
. the president can step up and say hey, i don't want to go over the cliff. harry reid can come back from hawaii and actually go back to work. we can make that happen. we don't have to raise tacks on anyone. but what we know what we have to do is actually focus on the problem. and i think most americans are starting to understand, washington is trying to convince us that they're not taxing enough. everybody knows $1.3 trillion deficit is not a tax problem. >> congressman, again, i agree with you, but we also live, if you see "lincoln" or see what's happened over the past 200 years, we live in a divided government. that's our constitutional republic. and there are going to be tax increases. and if you do nothing, there are going to be tax increases on january the 1st. wouldn't you rather shape it than just let taxes go for everybody on january the 1st? >> that's a great question for december 31st. and that might happen. but again, where are the spending reductions? where are the entitlement reforms out of harry reid and the president of the yaunited states? i disagrees with boehner caving on taxe
Search Results 0 to 14 of about 15 (some duplicates have been removed)